May 30 (Reuters) - Canadian Imperial Bank of Commerce ( CM )

reported a rise in second-quarter profit on Thursday,

driven by robust performance in its capital markets and direct

financial services segment.

The bank's net income rose to C$1.75 billion ($1.28

billion), or C$1.79 per share, in the three months ended April

30, from C$1.69 billion, or C$1.76 per share, a year earlier.

($1 = 1.3716 Canadian dollars)